Partners pours $80M into investment funds for digital tech, AI, life sciences
Partners HealthCare has created two new investment funds to support innovation in the realms of artificial intelligence, digital technology and pre-clinical life sciences, the Boston-based health system announced Oct. 21. The Artificial Intelligence and Digital Translation Fund boasts initial funding of $30 million over five years. It will be used to back Partners’ active vendor […]
University of Arizona venture fund backs local laser startups
UAVC, the University of Arizona’s in-house venture capital fund, has invested in three new laser companies recently spun out of the Tucson institution. Between them the three companies to win backing – DeUVe Photonics, CThru Lasers, and Wavelength Unlimited Technologies – are looking to cover almost the entire breadth of the optical spectrum. DeUVe is […]
Cascade Seed Fund raising sixth fund to invest in more Pacific Northwest startups
Early-stage entrepreneurs in Oregon and the Pacific Northwest have a new source of funding available. Cascade Angels Fund today announced that it is rebranding as Cascade Seed Fund, which just raised $5.4 million for an initial close of its sixth fund. The Bend, Ore.-based firm aims to make an average investment of $250,000 in young tech […]
UW’s Fisher Innovation Launchpad Announces 10 Finalists
Ten innovative businesses — that range from a company that has created a digital assistant to track workouts and diet, to a virtual reality system to help children learn music instruments — are finalists in a University of Wyoming entrepreneurship competition. The finalists are UW graduate and undergraduate students, alumni and faculty who will compete […]
Purdue Foundry unveils first DDX cohort
WEST LAFAYETTE, Ind. – World changing. High growth. The Purdue Foundry has unveiled its first cohort for the Double Down Experiment (DDX), which includes nine businesses ready to reach the next level with technologies designed to advance the world. The nine businesses were selected by the Purdue Foundry staff from among the 253 companies the organization has […]
University of Alabama aligns inventor resources, collaboration with business incubator
The robust push by the University of Alabama to promote entrepreneurship both on campus and throughout the region is increasing with an alignment of resources to better support innovators. The Bama Technology Incubator, which includes on-campus laboratories and additional support for startup companies, recently changed its name to EDGE Labs and serves as the strategic counterpart to The EDGE, a […]
Boeing and ATI launch UK startup accelerator
The first round of the programme will be three months long and seeks world-class startups creating Industry 4.0 and sustainability enabling technologies with the potential to bolster the growth and competitiveness of the UK aerospace industry. Startups that are selected for funding will receive up to £100,000. “Through this partnership Boeing and ATI are accelerating […]
Reps call for $10 Billion Investment in Biomedical Research
Washington, DC – U.S. Representative Mike Levin (D-CA) introduced the Biomedical Innovation Expansion Act of 2019 with Representatives Mikie Sherrill (NJ-11) and Abigail Spanberger (D-VA) to invest $10 billion over the next ten years in the National Institutes of Health (NIH) to provide support for scientific research related to antibiotic resistance and rare diseases. The Biomedical Innovation Expansion […]